Ukraine to Receive €100M from EIB for Social Housing Projects
The Verkhovna Rada has ratified agreements with the European Investment Bank to secure a loan and grant for developing municipal social housing.
Photo: Інтерфакс-Україна: економіка
Key points
- Total funding of €100 million consists of a 50% loan and a 50% grant.
- The project targets the construction of up to 15 buildings for over 1,500 families.
- A new municipal social rental housing system is being established in Ukraine.
The Verkhovna Rada of Ukraine has officially ratified agreements with the European Investment Bank (EIB), paving the way for the financing of a large-scale social housing project. The total amount of funds raised is 100 million euros, which will be directed towards providing housing for the most vulnerable populations and internally displaced persons (IDPs).
Financial Terms and Funding Sources
According to the agreements, the financial package is divided into two equal parts:
- 50 million euros provided as a long-term loan from the EIB;
- 50 million euros as a non-repayable investment grant from the European Commission.
These funds were secured under agreements signed during the Ukraine Recovery Conference (URC2026) in Gdansk. This structure significantly reduces the financial burden on local communities, as they will receive the grant portion without any repayment obligations.
Project Scope and Expected Outcomes
In the pilot phase, the project plans to construct between 13 and 15 apartment buildings. These pilot sites will be located in two or three selected territorial communities. It is expected that more than 1,500 Ukrainian families will be provided with social housing through this initiative.
"Cooperation with the EIB allows us to introduce European principles: management transparency, energy efficiency, and social integration," stated Minister Vitaliy Bezgin.
Beyond construction, the relevant ministry is developing a municipal social rental housing system. This model is intended to be scaled across other Ukrainian communities in the future, establishing a new standard for infrastructure reconstruction with the support of international partners.
Source Інтерфакс-Україна: економіка — interfax.com.ua/news/economic/1235027.html ↗
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